Lingrld

Gold 2020 or 1940?

Lingrld Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Currently, gold is sitting on an important support level that, if broken, could lead to a return to its previous downtrend line, which was broken in the past. This support level is crucial and significant, and if it holds, gold could continue its upward trend until 2020, and even potentially reach its previous high of 2060.

However, given the current situation, which is becoming more peaceful due to the possibility of a temporary peace, it's possible that gold could drop even further and fill the price gap.
Comment:
Comment:
Gold important resistance: 2040 - 2052
Comment:
1H time frame

Comment:
Gold 1H time frame on weak support: 2037 - 2039
If this support level breaks, we can expect 2018 .

Comment:
Gold on last important resistance 1972 - 1975 ....

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